Singapore, France ink digital economy agreement that encompasses green tech
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Singtel gives Optus more 'autonomy' to run enterprise unit
Move is part of the Singapore telco's reorganisation efforts that began last year to "decentralise" its operations and will give Optus direct accountability of its enterprise division.
Razer eyes Indonesia expansion with digital payment acquisition
Games hardware maker's fintech unit acquires E2Pay Global Utama to drive its growth plans in Indonesia, where the latter offers a range of digital payment services including an e-money platform that has 500,000 registered users.
Grab taps data from driver community in new mapping service
Southeast Asian ride-sharing operator is looking to license GrabMaps, which it says captures details that are not on conventional maps such as back alleys and side streets, drawing data from delivery orders and rides provided by its driver network.
Ant Group's digital bank makes Singapore debut with focus on SMBs
Announcing its soft launch, Ant's ANEXT Bank says it will focus on serving the small and midsize business market and has inked a two-year partnership with B2B online marketplace network, Proxtera, to facilitate cross-border trade.
Singapore officially launches digital platform to ease supply chain data flow
Introduced as a pilot project more than a year ago, Singapore Trade Data Exchange is pitched as a centralised platform that streamlines data flows across a fragmented global supply chain.
Singapore mandates 'kill switch' for banks as safeguard against online scams
Singapore banks must provide a self-service kill switch that enables consumers to suspend their accounts in a suspected breach and beef up their fraud surveillance systems, as part of new security measures to safeguard against increasing online scams.
Singapore to pilot digital asset trading with blockchain, tokenisation
Project Guardian will explore the tokenisation of financial assets, including potential decentralised finance applications in wholesale funding markets.
Singapore ups investment in quantum computing to stay ahead of security threats
Two new programmes will look to bolster skillsets in quantum computing and develop quantum devices, as Singapore stresses the need to "stay ahead of malicious actors" and ensure encryption technology remains robust.
Singapore touts need for AI transparency in launch of test toolkit
New pilot framework and toolkit will enable businesses to demonstrate their "objective and verifiable" use of artificial intelligence, says the Singapore government, which hopes to drive transparency in AI deployments through technical and process checks.
Singapore sets up cybersecurity assessment, certification centre
Manufacturers and developers will be able to test and certify their products at the new SG$19.5 million ($13.99 million) facility, which is launched by Cyber Security Agency of Singapore and Nanyang Technological University.
Singapore firms see high rate of security incidents, but struggle to respond promptly
Some 65% of organisations in Singapore have experienced at least six cybersecurity incidents in the past year, but just 49% are able to respond to threats within a day, compared to an average of 70% across 11 global markets.
Singapore launches safety rating scheme for e-commerce sites
Assessing e-commerce marketplaces based on their anti-scam measures, the scheme gives Facebook Marketplace the lowest rating while Lazada and Amazon are amongst those that received the highest.